How to Buy Electra (ECA)

A Step-by-Step-Guide on how to buy Electra (ECA)

Step 1 – Signup to Kraken

You will first need to buy one of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and to get Bitcoin or Ethereum.

Binance Signup
Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange

Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Electra (ECA) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow these easy steps)

Make sure you've chosen the right coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Locate Electra (ECA)

As soon as your deposit has been confirmed, you will immediately have access to your finances and you can begin buying and trading. To invest in Electra (ECA) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to find Electra (ECA), you'll need to insert the shortname of the coin (ECA) into the search-box, which is highlighted in the graphic. Make sure you have choosen the right pairing, we have marked this also. Click on “ECA/BTC” to proceed.

Binance Hot To Buy Electra (ECA)
Binance How to Buy (ECA) Electra
Step 4 – Buy Electra (ECA)

Once you have spotted Electra (ECA), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're going to make our own Limit Order.

The field with the “Price” tag will be filled with the most recent tariff Electra (ECA) was traded for. You can change this to your preferred price. The ”Amount” field is the volumen of ECA you wish to purchase. The ”Total” field is the aggregated price in BTC that you will pay for the complete volumen of ECA.

When you are happy, click on “Buy ECA”. Your order will be filled when a Seller sells their ECA for the price you gave.

Step 5 – Withdraw Electra (ECA)

Unless you're frequently trading, never keep your coins on an Crypto Trader for an longer time frame. In order to take off your Electra (ECA), hover over the tab called “Funds” and mouse click on “Withdraw”. Electra (ECA) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Electra (ECA) by using the provided drop-down box. Enter the amount of Electra (ECA) you would like to take off. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address.

When you're glad, click “Submit”. You could be requested for email/phone verification ahead of a take off.

Binance Withdraw

Kudos! You've successfully purchased and safed Electra (ECA).

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (ECA) Electra is safe in your wallet, you are finished.

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